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Foreclosure Homes in Normal, IL 61761

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Normal, IL Foreclosures

Current Market Conditions in in Normal, IL As of February 2026?
In the past month, Normal has seen a slight increase in median home prices by 2%, suggesting a continued interest in the area from homebuyers. Although new listings are coming onto the market, they are being snapped up quickly, indicating a competitive environment. The overall days on market have decreased by an average of 10%, reflecting the rising demand.
How much do homes sell for in Normal, IL?
The average home price is currently $300,712.
In Normal, IL, how many homes are available?
There are currently 51 active home listings available in Normal.
What’s the average rental cost in Normal, IL?
The average rental price in Normal is $1,455.
What is the most expensive home in Normal?
The most expensive home sold in Normal had a price of $27,797,134.
What is currently the cheapest priced home in Normal, IL?
The cheapest home for sale in Normal is priced at $10,245.

Living in Normal, IL

Normal, Illinois is a vibrant community offering a perfect blend of urban amenities and suburban comfort. It features a variety of parks, recreational facilities, and excellent educational institutions, making it an ideal location for families, students, and professionals. The town provides easy access to nature and a robust cultural atmosphere.

Buyer vs Seller Market in Normal, IL

Normal's real estate market is experiencing a steady growth trend, driven by demand from both families and students attending Illinois State University. Average home prices have been rising gradually, indicating a healthy market, while inventory levels remain balanced, providing options for buyers and sellers alike. Neighborhoods in Normal are characterized by a mix of older homes full of charm and newer developments appealing to modern trends.

Home Value Estimator For Normal, IL

There are currently 13,462 real estate properties in Normal, IL, with a median automated valuation model (AVM) price of $251,472.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Normal, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Normal, IL, is $300,712.00, with the most expensive house in Normal, IL, topping out at $27,797,134.00 and the cheapest home in Normal, IL, clocking in at $10,245.00. In other words, there’s something for every potential homebuyer or savvy investor in Normal, IL!

Rent Prices In Normal, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Normal, IL, is on a rollercoaster ride. The average rent price in Normal, IL, is $1,455.00. Indeed, when looking to rent in Normal, IL, you can expect to pay as little as $630.00 or as much as $3,240.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Normal, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Normal, IL 61761 Foreclosures

Market Trend for Normal, IL

Total Listings Available: 51

Market Values:

Home Prices from $10,245 to $27,797,134

Average Sales Price: $300,712

Rental Values:

Rental from $630 to $3,240

Average Rent Value: $1,455 / month

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